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  4. Marani Brands Inc (MRIB) Message Board

Because we still believe in the company. They have

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Post# of 9964
Posted On: 12/04/2014 1:14:09 PM
Posted By: cmthekid2690
Re: verax #7583
Because we still believe in the company. They have been back in business for only just over a year and have accomplished a TON in that timeframe. Yeah, the dilution is disappointing but those convertible notes is what has made the company stand on its 2 feet over the past year. Its unfortunate that we are feeling the burden of those exercised notes and dilution but it is what's necessary for the business to grow. It's not like she has been intentionally dumping shares out of no where. Those notes were written in contract over a year ago and we all should have studied a little harder and understood that they would come back to bite. If the company continues to dilute even after a solid cash flow stream from the contracts and retail sales then I will be pissed because they should use those funds for business expenses and not selling shares. But at the time they do not have enough cash flow for business expenses and dilution is necessary IMO. However, I'm not praising the CEO by any means. Maybe if the contracts were executed earlier this excess dilution wouldn't have been necessary and it would hold up the PPS, maybe the CEO shouldn't have made promises like Brazil in October and financials would be pleasantly surprising (which they were not) and the company wouldn't dilute. However, no one is perfect, the CEO of Apple isn't perfect either. I think that's a reason she hasn't PR'd in so long, she's trying to correct the mistake of making empty promises. I don't think its right to pass too much judgment quite yet considering the fact that this is literally a startup company and it's not going to be all bunnies and flowers in the beginning. No doubt I'm pissed being down 92% and its easy to point the finger at some one but you can't let your emotions get the best of you with short term downfalls. The CEO will learn from her mistakes IMO. I'm here long. Go $MRIB.


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